city Hyderabad economy Government crisis Coronavirus city Hyderabad

Lower middle class is the worst-hit during coronavirus lockdown

Reading now: 484
www.livemint.com

Hyderabad: The ongoing lockdown, which has crippled the economy for more than a month and sparked unprecedented distress, has turned the so-called lower middle class into the new poor identities of the society.

Teachers in unaided private schools, office assistants, data entry operators, salespersons, receptionists, beauticians, those who run small mobile phone service and repair shops and other service providers who fall in ₹5,000 to ₹15,000 monthly income group, are the badly hit.

Most of them have not received the salaries for two months and they hardly have any savings to fall upon. Many of them fear job loss post-lockdown.

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA